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Conclusions

Michael Hopkins

Chapter 7 in Labour Market Planning Revisited, 2002, pp 184-190 from Palgrave Macmillan

Abstract: Abstract This monograph has re-examined the manpower planning debate in developing countries, presented a number of theories that have tried to explain the causes of mismatch on the labour market with emphasis on the main mismatch – that of unemployment. Next the monograph illustrated how difficult it has been to agree on definitions on exactly what is being measured in the labour market field. This was followed by the presentation of a model, the MACBETH model, that seeks to overcome some of the main lacunae in manpower models to date. An application of the model to Sri Lanka then illustrated some of the strengths and weaknesses of the model. The penultimate chapter presented an alternative methodology that, as suggested in the literature, could provide a powerful alternative to simulation models of manpower forecasting.

Keywords: Labour Market; Develop Country Context; Manpower Planning; Labour Market Structure; Manpower Requirement (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-2026-3_7

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DOI: 10.1057/9781403920263_7

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